Rental information site Zumper recently released their National Rent Report for August which shows that U.S. rental prices continue their steady appreciation. Nationally, one and two bedroom unit prices increased 4.3% and 4.5% year to date, respectively. Their data shows that for July the national median price of one bedroom units was $1,158 with two bedroom rents only increased 0.1%, settling at a median price of $1,369. Each month, Zumper analyzes rental data from over 1 million active listings from the top 100 U.S. metro areas. As for their top 10 list, no surprises there….San Francisco continues to dominate.
Click here to read the full report on Zumper.